The New York Stock Exchange, or NYSE, filed a trademark application with the United States Patent and Trademark Office, or USPTO, on February 10 to register the name “NYSE” for various blockchains and crypto-related products and services. Specified goods include virtual reality and augmented reality software, non-fungible tokens or NFTs, and online marketplaces.

According to the request, the financial exchange could provide “downloadable virtual goods” for NFTs and digital collectibles, as well as “in-field data authentication on NFTs using blockchain technology.” This is not the NYSE’s first foray into NFT or the Metaverse. In April 2021, six NYSE NFTs were minted to commemorate the first trades of Spotify, Snowflake, Unity, DoorDash, Roblox.

On the company’s official website, NYSE had stated that “there are many more NYSE NFTs to come as we continue to welcome innovative startups to our community.” This app indicates plans to launch an NFT marketplace for buyers, sellers, and traders of “digital assets, works of art, collectibles, and non-fungible tokens.”

There is also a section detailing “cryptocurrency trading services” that would facilitate the “financial exchange of virtual currency.” In addition, the app also includes downloadable and non-downloadable virtual reality and augmented reality, as well as an application programming interface, or API.

Related: Is Walmart Preparing to Enter the Metaverse?

The New York Stock Exchange follows several other public companies that have filed a trademark application not only to protect their brands but also to indicate their exploration into blockchain and NFTs. McDonalds recently filed a trademark application to open restaurants in the metaverse.

Disney’s patent for interactive attractions for theme park visitors was also approved.



This post NYSE Files Trademark Application to Trade NFT

was published first on https://cointelegraph.com/news/nyse-files-a-trademark-application-for-trading-nfts

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